Theatre Dance Council International
Financial Statements
for the year ended 31st December 2021
Charity Number: 289965
Theatre Dance Council International Charity Information 31st December 2021
Charity Name: Theatre Dance Council International
Charity Number: 289965 Charity Address: 41 Howey Lane Frodsham Cheshire WA6 6DD Telephone 01928 739166
Governing Document: The charity was set up under a constitution adopted on 2nd July 1984 as amended on 17th October 1990 and 25th April 2007.
General Secretary: Mr Christopher Booth
Trustees: Allied Dancing Association (A.D.A.) Representatives: Mr Christopher Booth (Treasurer) Mrs Kathleen Booth (President)
Associated Board of Dance (A.B.D.) Representatives: Miss Valerie Nurse Mr Lee Clark International Dance Teachers Association (I.D.T.A.) Representatives: Mrs Linda Kalis Mrs Barbara Underwood National Association of Teachers of Dancing (N.A.T.D.) Representatives: Miss Andrea Brunton Miss Natalie Hume Northern Counties Dance Teachers Association (N.C.D.T.A.) Representatives: Miss Gae Sowerby Miss Lilian Aubrey Scottish Dance Teachers Alliance (S.D.T.A.) Representatives: Mrs Jan Archer Mrs Nadine Judge (appointed 25/01/2021) United Teachers of Dance (U.T.D.) Representatives: Miss Paula Wood Miss Amanda Hanlon Non Trustees: British Association of Teachers of Dancing (B.A.T.D.) Representatives: Mrs Helen Flannagan (Vice President) Mrs Diana Freedman Bankers: NatWest plc Independent Examiner: P J Collins F.C.A. 34 Henrietta Street Collins & Co London Suite 13 Hattersley House WC2E 8NN 1 Hattersley Court Ormskirk L39 2AY
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Theatre Dance Council International Annual Report for the year ended 31st December 2021
The trustees present their annual report and the financial statements for the year ended 31st December 2021.
Governing instrument
The charity was set up under a constitution adopted on 2nd July 1984 as amended on 17th October 1990 and 25th April 2007. The charity is registered with the Charity Commission under number 289965.
Objects and Public Benefit
The charity is set up to advance the education of children, young people and students in the art of dance and in particular stage dancing in ballet, tap and modern dance for the public benefit.
Results for the year
The results for the year are set out on page 3.
Review of the year
We have had another difficult year with COVID and events being cancelled again, however, we were able to present the Carl Alan Awards, the World Performer and the English Championships, which were all amazing events for the TDCI.
Unfortunately, the British Championships in July/August were cancelled alongwith the National Scholarships but in October we were able to present the 2020 and 2021 Carl Alan Awards together as a double celebration. This event was fantastic and celebrated the winners for 2020 and 2021. Many presidents and VIP's attended and the presentation of the whole evening was fabulous.
It was amazing to be able to present our 'World Performer' event this year. It was held at the Blackpool Opera House with 53 competitors in the final. The day was fabulous from start to finish in a fantastic venue. In November we were able to present the English Championships, held for the first time in Fleetwood. A great success with records entries. We were delighted at being able to present these Championships again after having no National Championship events in 2020.
We would like to thank our amazing associations and all our sponsors, without whom we could not present our events.
Future of the charity
It is amazing to have the 8 Associations in the TDCI, especially with the problems we have all encountered in 2020 and 2021. This all adds to our strength and we are sure that 2022 will see the dance world and theatres back as they were, and the TDCI grow bigger and stronger that ever.
Reserves policy
The trustees have established the level of reserves (that is those funds that are freely available) that the charity ought to have. Reserves are needed to bridge the funding gaps between spending on honorariums, event costs and other expenditure and receiving income from fees and subscriptions. The trustees have established a reserves policy for unrestricted reserves, whereby, in order to enable the charity to operate effectively they aim to have twelve months worth of expenditure in general fund reserves. The trustees therefore consider that the ideal level of reserves as at 31st December 2021 would be £100,000 (2020: £100,000). At 31/12/2021 the general reserves were £129,446 (2020: £122,237).
Risk assessment
The charity has reviewed and systems have been established to mitigate those major risks to which the charity is exposed. In particular with regard to Health and Safety and Safeguarding, suitable people have been identified to co-ordinate any potential matters that may arise at the events.
Statement of Trustees Responsibilities
Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the financial activities of the charity for that year and of its financial position at the end of the year. In preparing those financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable Accounting Standards and Statements of Recommended Practice have been followed, subject to any departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. On behalf of the charity
Mrs K Booth (President) 30th March 2022
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Theatre Dance Council International
Independent Examiner's Report to the Trustees of the Theatre Dance Council International
I report to the trustees on my examination of the accounts of the charity for the year ended 31st December 2021 which are set out on pages 3 to 7.
Responsibilities and basis of report
As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act')
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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(1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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(2) the accounts do not accord with those records; or
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(3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
P J Collins F.C.A. Collins & Co Suite 13 Hattersley House 1 Hattersley Court Ormskirk L39 2AY
30th March 2022
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Theatre Dance Council International
Statement of Financial Activities for the year ended 31st December 2021
| Unrestricted Funds Note £ INCOME FROM: 2 82,899 3 0 TOTAL INCOME 82,899 EXPENDITURE ON: 4 75,690 TOTAL EXPENDITURE 75,690 7,209 Transfer between Funds 0 NET MOVEMENT IN FUNDS 7,209 Reconciliation of Funds: 122,237 129,446 Income from Charitable Activities Investment Income NET INCOME/(EXPENDITURE) Total funds brought forward at 1st January 2021 Total funds carried forward at 31st December 2021 Charitable Activities |
Restricted Funds £ 6,411 0 6,411 6,411 6,411 0 0 0 0 0 |
2021 2020 £ £ 89,310 33,575 0 1 89,310 33,576 82,101 31,442 82,101 31,442 7,209 2,134 0 0 7,209 2,134 122,237 120,103 129,446 122,237 TOTAL FUNDS |
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Theatre Dance Council International
Balance Sheet at 31st December 2021
| 2021 Note £ FIXED ASSETS Tangible fixed assets 6 5,135 CURRENT ASSETS Debtors 7 12,816 Bank Balances 8 142,448 Total current assets 155,264 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR 9 30,953 NET CURRENT ASSETS/(LIABILITIES) 124,311 TOTAL NET ASSETS 129,446 THE FUNDS OF THE CHARITY 10 Unrestricted 129,446 Restricted 0 129,446 |
2020 £ 5,135 12,873 141,904 154,777 37,675 117,102 122,237 122,237 0 122,237 |
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Approved by the board of trustees on 30th March 2022 and signed on its behalf by:
……………………………………………………… ……………………………………………………… Mrs K Booth Mr C Booth
The notes on pages 5 to 7 form part of these accounts.
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Theatre Dance Council International
Notes to the Financial Statements for the year ended 31st December 2021
1 Accounting policies
The financial statements have been prepared in accordance with the applicable accounting standards and the Statement of Recommended Practice "Accounting and Reporting by Charities" (SORP 2015 FRS102). The financial statements have been prepared under the historical cost convention.
Funds
General funds represent the funds of the charity that are not subject to any restrictions regarding their use and are available for application on the general purposes of the charity at the discretion of the trustees. Funds designated for a particular purpose by the charity are also unrestricted.
Restricted funds are funds received which are subject to specific conditions imposed by the donors. Transfers of funds are made to recognise the release of restricted funds or to meet expenditure not covered by restricted income.
The accounts include all transactions, assets and liabilities for which the charity is held responsible in law.
Income
Income from Charitable Activities
Income from chatitable activities is accounted for when receivable by the charity to the extent that the amount is expected to be received.
Income from investments
Interest is accounted for when received. Tax recoverable on such income is recognised in the same accounting year.
Expenditure
Charitable activities
This includes all costs relating to the activities of the charity and those activities that whilst are fundraising in nature, are also relating to the objects of the charity.
The management and administration of the charity is carried out by the trustees who delegate certain duties to the secretary. Maintenance of the accounting records is carried out by the treasurer.
Tangible Fixed Assets and depreciation
Fixtures, fittings and office equipment
The trophies and chain of office used within the charity are not depreciated as the charity operate a policy of replacing those assets on a like for like basis if the need for replacment arises. Such replacements with a purchase price of £1000 or less are written off when the asset is acquired.
Current Assets
Amounts owing to the charity at 31st December 2021 are shown as debtors less provision for amounts that may prove uncollectible.
Value Added Tax
The charity is not registered for VAT. Any tax that is paid on the supply of goods and services is charged with the appropriate expense to "Expenditure On".
Reserves Policy
The trustees intend to ensure that there are sufficent reserves to cover the running costs of the charity for a period of approximately 12 months at any one time.
Investment Policy
Much of the income of the charity is irregular and uncertain, hence the need to keep funds readily available, therefore the charity invests surplus funds in short term cash deposits with banks or building societies.
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Theatre Dance Council International
Notes to the Financial Statements for the year ended 31st December 2021
| Unrestricted Funds £ 2 Income from Charitable Activities Association Subscriptions 10,800 Championship Fees 14,209 Professional/Adjudicator Fees 175 Competitor Registration Fees 12,042 Sponsorship 0 Income from Events 45,673 82,899 3 Investment Income Interest - NatWest plc 0 0 4 Charitable Activities Honorarium 23,000 Telephone and Internet 500 Postage, Printing & Stationery 1,907 Championship Reg ID Cards 743 Hotel & Travel Expenses 545 Meeting Costs 129 Event Costs 46,053 Bursary Awards (0 (2020:7) Individuals 0 Scholarships (0 (2020: 0) Individuals) 0 Website Costs 385 Insurance 953 Subscriptions 220 Accountant/Independent Examiner 1,140 Sundry Expenses 115 75,690 |
Restricted Funds £ 0 0 0 0 6,411 0 6,411 0 0 0 0 0 0 0 0 6,411 0 0 0 0 0 0 0 6,411 |
TOTAL Unrestricted 2021 Funds £ £ 10,800 10,800 14,209 7,690 175 250 12,042 8,970 6,411 0 45,673 5,865 89,310 33,575 0 1 0 1 23,000 21,000 500 500 1,907 1,556 743 743 545 170 129 115 52,464 4,523 0 1,025 0 0 385 385 953 0 220 216 1,140 900 115 309 82,101 31,442 |
Restricted Funds £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
TOTAL 2020 £ 10,800 7,690 250 8,970 0 5,865 33,575 1 1 21,000 500 1,556 743 170 115 4,523 1,025 0 385 0 216 900 309 31,442 |
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Theatre Dance Council International
Notes to the Financial Statements for the year ended 31st December 2021
| 5 Office Costs Honorariums |
2021 £ 23,000 23,000 |
2020 £ 21,000 21,000 |
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During the year the charity employed no staff, no honorariums (2020: Nil) were paid in excess of £60,000 p.a. The trustees received £Nil remuneration (2020: £Nil) during the year. The general secretary/treasurer/event organiser was reimbursed expenses of £484 (2020: £61), the president £61 (2020: £109) and the vice president £Nil (2020: £Nil) for the year. Representatives of the trustees received £300 (2020: £NIL) in respect of fees for services at the events and a £23,000 (2020: £21,000) honorarium as general secretary/treasurer/event organiser. The Trustees also paid to the charity £10,800 (2020: £12,800) in respect of membership subscriptions. There were no other discloseable transactions in respect of trustees, persons closely connected with them or other related parties.
6 Tangible Fixed Assets
The charity operates from the general secretary's/treasurer's home at no cost to the charity.
The charity also has use of office equipment and assets owned by the trustees at no cost to the charity.
| 2021 Cost/Valuation £ Trophies 4,825 Chain of Office 310 5,135 7 Debtors 2021 £ Amounts due to the charity 0 Prepayments 12,816 12,816 8 Bank Balances 2021 £ NatWest plc - current a/c 141,320 NatWest plc - business reserve a/c 1,128 142,448 9 Liabilities: Amounts falling due within one year 2021 £ Creditors for Goods and Services 3,388 Accruals and Deferred Income 27,565 30,953 10 Fund Balances 2020 Income Expenditure Gains/Losses £ £ £ £ General Funds 122,237 82,899 75,690 0 Restricted Funds 0 6,411 6,411 0 (Sponsorship for events and medals) 122,237 89,310 82,101 0 |
2020 £ 4,825 310 5,135 2020 £ 0 12,873 12,873 2020 £ 140,777 1,127 141,904 2020 £ 0 37,675 37,675 2021 £ 129,446 0 129,446 |
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